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How close is the U.S. to a debt crisis?
Consumer Affairs· 16 hours agoSince the end of 2023, concerns about growing U.S. debt have become more pronounced. Not the debt taken on by U.S. consumers – which is significant – but...
China developer Fantasia proposes new restructuring terms, shares up
Reuters via Yahoo Finance· 8 minutes agoThe latest restructuring terms offered by the Shenzhen-based developer, which defaulted its offshore...
Chinese property developer Kaisa's liquidation hearing adjourned to May 27
Reuters via Yahoo Finance· 24 hours agoA Hong Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the embattled Chinese...
Who Is Minouche Shafik? Columbia University’s Embattled President
Time Magazine· 5 days agoAt the World Bank and the International Monetary Fund, for example, she tackled both the European ...
The Geopolitics of Africa’s Debt Crisis | by Anne O. Krueger - Project Syndicate
Project Syndicate· 6 days agoThe United States has a population of roughly 330 million, while all NATO countries combined have...
Europe’s Debt Is Rising Again as Politics Erodes Budget Resolve
Bloomberg via Yahoo Finance· 23 hours ago(Bloomberg) -- Some of Europe’s most indebted governments are heading for a painful reckoning this...
Finland's Thatcher tests limits of local frugality
Reuters· 13 hours agoFew finance ministers would dare pose smiling with a pair of scissors before making cuts to the national budget, but Finland's Riikka Purra did exactly...
Biden's piecemeal student debt forgiveness 'transformational' for borrowers, advocates say
United Press International via Yahoo Finance· 6 days agoIt would allow borrowers who made 120 payments while working in public service to have their...
In the Market: Economic surprises are messing with the market's favorite recession predictor
Reuters via Yahoo Finance· 22 hours ago(Reuters) -A bond market anomaly that has reliably predicted a U.S. recession in the past may...
Country Garden Extends Bonds to Avoid First Local Default
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Chinese developer Country Garden Holdings Co., one of the biggest symbols of the...